Payroll Specialist

Reposted 4 Days Ago
Be an Early Applicant
Morristown, NJ
In-Office
Junior
Fintech • Software • Financial Services
The Role
The Payroll Specialist processes payroll data, manages special payments, audits employee information, and generates payroll reports while ensuring compliance with regulations.
Summary Generated by Built In
Job Summary & Responsibilities
Responsibilities include but are not limited to:
  • Processes the eTime hours file for the subsidiary companies. Compiles general ledger entries for assigned subsidiary companies.
  • Administers special payments including referrals, commission payments, sign-on bonuses and retroactive pay calculations.
  • Audits new hire information and sets up tax profiles accordingly. Performs audit on time and labor management profile and makes any necessary changes.
  • Reviews timecards for accuracy and communicates with employees and managers regarding inconsistencies or missing information.
  • Reviews and approves all employee self-service submissions for direct deposit and tax changes. Reviews and approves all non-monetary submissions from managers for employee job related changes. Approves termination submissions, reviews final timecards and calculates vacation payout.
  • Serves as point of contact for unemployment claims. Monitors claim information and communicates with People Resources Partners for support and documentation. Responds to unemployment compensation inquiries in a timely manner.
  • Generates payroll reports for timecard punches, overtime, special payments made, etc.
  • Responds to requests for payroll related reports from the People Resources team and managers throughout the bank.
  • Reviews state regulations and recommends modifications needed to our processes.
Preferred Qualifications
Required Skills:
  • Understanding of HR processes and data.
  • Ability to define problems, collect data, establish facts and draw valid conclusions.
  • Comprehensive knowledge and experience with payroll and benefits administration.
  • Ability to work discreetly with confidential information.
  • Provide excellent customer service and direction for timely and accurate payroll operations.
  • Excellent problem solving and analytical skills.
  • Ability to handle multiple priorities simultaneously
  • Excellent time management skills; ability to meet deadlines
  • Intermediate in MS suite [Word, Excel and Outlook].
Required Experience:
  • High School Diploma or GED and a minimum 2 years of Payroll/HRIS experience.
Preferred Experience:
  • Bachelor's degree in a related field. ADP Enterprise experience.

Top Skills

Adp Enterprise
Excel
Ms Outlook
Ms Word
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The Company
HQ: Morristown, New Jersey
3,595 Employees
Year Founded: 1927

What We Do

At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927.

For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small.

We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed.

©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.

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